Hi everyone,After lurking through the forums and BP YouTube channel for the last couple weeks, I finally decided to join the community.  

These include the cost of any improvements having a useful life of more than 1 year.Rehabilitation expenses also increase basis.

It looks like after repairs and improvements you will still have few hundred on a positive side.

If anything the tenant pool improved dramatically.

The Public Administrator auctions approximately 125 parcels of improved and unimproved real property on an annual basis.

You can act unilaterally in any way you want to manage improve and utilize the property.D.

It was completely re-modeled and it was a nice little small house and the only thing I could tell that could of used some improvement on was the roof.

My wife will finish school soon and her income should improve significantly.  

Resale market is limited but may improve with the trendy, tiny house craze.  

While I definitely have money in stocks, I prefer RE, because with stocks you have ZERO control over what that company does to improve its bottom line, and as we've all seen bad management can cause you to lose everything (at least with RE you have the asset.)I also agree with that since you have 0 experience, asking your dad to put up lots of money was probably not the best strategy.